Trade among BRICS countries soaring – data
The volume of trade between BRICS countries has continued to rise, according to latest Chinese customs data
Google and Microsoft retrench as recession looms
Google and Microsoft are slowing hiring and even letting workers go as the US economy teeters on the brink
US explains how Russian oil price cap would work
Washington is seeking to set a Russian oil price cap which would ensure continued production, Treasury Secretary Janet Yellen told the WSJ
US sees highest inflation in over 40 years
Inflation in the US reached 9.1% in June, the labor department reported on Wednesday
Canada to fix five more turbines for Nord Stream – media
Siemens has been granted permission from Canada to repair five more turbines for Russia’s Nord Stream pipeline, media reports citing sources